Silectric Semiconductor, fully-owned by Zoho Corporation, has planned to set up its manufacturing unit with an investment of Rs 34.26 billion. The company has sought 40 acres of land at EMC cluster at Kochanahalli, Mysuru, Karnataka. The unit would add about 460 jobs.
Silectric has proposed to work in the field of silicon carbide-based fab and assemble, test, mark, and package (ATMP) unit. The initial focus will be on setting up the operation footprint in the manufacturing of silicon carbide right from manufacturing ingots to the package stage of modules/single packages including the manufacturing of metal-oxide-semiconductor field-effect transistors (MOSFET). The target product manufacturing will incorporate an ATMP facility to complete the end-to-end production process.
This project is one of the nine projects which were approved by the state high-level clearance committee (SHLCC). The projects together account for a combined investment of Rs 98.23 billion with a potential to add 5,605 jobs.
In addition, according to the proposal, the venture is being founded by a team of experienced semiconductor professionals with the financial backing of Zoho, and the support from Ministry of Electronics and Information Technology.
